DekaBank Deutsche Girozentrale Has $5.68 Million Stake in Americold Realty Trust, Inc. (NYSE:COLD)

DekaBank Deutsche Girozentrale trimmed its stake in Americold Realty Trust, Inc. (NYSE:COLD) by 1.1% in the third quarter, Holdings Channel.com reports. The firm owned 200,529 shares of the company’s stock after selling 2,236 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Americold Realty Trust were worth $5,684,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Sumitomo Mitsui Trust Holdings Inc. raised its holdings in shares of Americold Realty Trust by 134.1% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,105,589 shares of the company’s stock worth $27,551,000 after acquiring an additional 633,335 shares in the last quarter. State of Alaska Department of Revenue lifted its holdings in shares of Americold Realty Trust by 5.6% during the 1st quarter. State of Alaska Department of Revenue now owns 135,202 shares of the company’s stock valued at $3,368,000 after buying an additional 7,213 shares during the last quarter. Norden Group LLC bought a new stake in shares of Americold Realty Trust in the 1st quarter valued at approximately $220,000. BNP Paribas Financial Markets increased its holdings in Americold Realty Trust by 65.9% in the first quarter. BNP Paribas Financial Markets now owns 245,802 shares of the company’s stock worth $6,125,000 after buying an additional 97,601 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its position in Americold Realty Trust by 9.5% during the first quarter. Janney Montgomery Scott LLC now owns 28,330 shares of the company’s stock valued at $706,000 after acquiring an additional 2,451 shares in the last quarter. 98.14% of the stock is currently owned by institutional investors and hedge funds.

Americold Realty Trust Stock Performance

COLD opened at $25.68 on Friday. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.21. The stock’s 50 day moving average price is $27.95 and its two-hundred day moving average price is $26.76. The firm has a market capitalization of $7.29 billion, a P/E ratio of -21.95, a price-to-earnings-growth ratio of 1.77 and a beta of 0.60. Americold Realty Trust, Inc. has a 12-month low of $21.87 and a 12-month high of $30.92.

Americold Realty Trust (NYSE:COLD) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.54). The company had revenue of $660.96 million during the quarter, compared to analyst estimates of $653.74 million. Americold Realty Trust had a negative return on equity of 7.74% and a negative net margin of 10.60%. The company’s revenue was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.28 EPS. On average, equities analysts forecast that Americold Realty Trust, Inc. will post 1.39 earnings per share for the current year.

Americold Realty Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date was Monday, September 30th. Americold Realty Trust’s dividend payout ratio is currently -75.21%.

Analyst Upgrades and Downgrades

COLD has been the subject of several recent research reports. Wells Fargo & Company boosted their target price on shares of Americold Realty Trust from $24.00 to $30.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 28th. Barclays increased their target price on shares of Americold Realty Trust from $25.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Monday. Robert W. Baird upped their price target on Americold Realty Trust from $29.00 to $31.00 and gave the stock an “outperform” rating in a research note on Friday, August 9th. Scotiabank increased their price objective on Americold Realty Trust from $30.00 to $31.00 and gave the company a “sector outperform” rating in a report on Monday, August 19th. Finally, Truist Financial boosted their target price on Americold Realty Trust from $31.00 to $33.00 and gave the stock a “buy” rating in a report on Friday, August 16th. Two equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $31.18.

Americold Realty Trust Profile

Americold is a global leader in temperature-controlled logistics real estate and value added services. Focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, Americold owns and/or operates 245 temperature-controlled warehouses, with approximately 1.5 billion refrigerated cubic feet of storage, in North America, Europe, Asia-Pacific, and South America.